PREMIUM CORNER, HIGH EXPOSURE LOCATION WITH EXTENSIVE IMPROVEMENTS - $250000

Description

Set in the township of Bordertown at 119 Scott Street (Corner North Terrace) in the Upper South East of SA. A premium commercial site with high exposure from both local and travelling public being sited opposite Bordertown Foodland and the Morning Loaf Bakery with the popular parklands that are frequented by many a traveller. These premises have been used as a tyre outlet since being built with the current tenant vacating shortly. Description of Property: Allotment 100 of DP 51651, Hundred of Tatiara as comprised in CT Volume 5719 Folio 59. Site area is approximately 1114.86m2 Currently zoned Town Centre by the District Council of Tatiara and Local Government Rates for 2007/2008 are $1191.36. Improvements: Extensive steel frame lock-up shedding with shed 1 built approximately 1990 and being approximately 30.4m x 12.28m with concrete floor, reception area, office and kitchen. Shed has sliding doors and high clearance for larger vehicles. Shed 2 built approximately 1995 and adjoining shed 1 is 15.5m x 8m and used as storage area with a concrete floor. Approximately total area of both buildings is 497m2. An external concrete tank/toilet combination is set on the Southern side of the sheds and the front parking area has been paved. Some tyre racks are included in the sale and should be inspected by intending purchasers. This property has the ability to be used for many commercial pursuits subject to consent by the District Council of Tatiara and relevant authorities. With it's prime location and high traffic flow this property allows No. 1 exposure for any business or venture. As mentioned, the current tenant is vacating the property shortly and this allows for an owner occupier to relocate or establish a new business here or for and investor to purchase and seek a suitable tenant at their leisure. Method of Sale: This property is being offered for sale by way of Expressions of Interest closing at the Agent's office at 4pm on Friday August 24th 2007. As this Commercial property is to be vacant at the time of settlement and the vendors being registered for GST, Expressions of Interest are to be inclusive of GST as per the Goods and Services Tax Act 1999.